Tag: Adoption

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Why Internet Growth Is a Prime Cryptocurrency-Adoption Driver

The increasing number of internet users could be a major driving force for crypto and blockchain adoption worldwide. As we enter the start of a new decade, the number of internet users has reached a truly astonishing level: Almost 4.5 billion people were active users as of January, encompassing 59% of the global population. With…
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Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil

The Malaysian Palm Oil Council and BloomBloc have developed a blockchain-based app that enables users to trace palm oil throughout the entire supply chain. The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain. Following a successful test,…
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Celo’s Blockchain Accelerator Invites Devs to Compete for $25K

An open-source project will look to provide up to $25,000 in prizes to fund blockchain startups. Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups. With its new…
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The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress

Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context. The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies. Over the past few years, blockchain has replaced cryptocurrency as the “it”…
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Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy

The Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency. The Reserve Bank of Zimbabwe, the country’s central bank, is considering a regulatory sandbox for crypto companies in an apparent change from its previous anti-cryptocurrency stance. The proposed sandbox is reportedly part of a broader agenda by…
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Tezos Grants $37 Million to Ecosystem Developers

The Tezos Foundation granted over $37 million to ecosystem projects in the last six months. The Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. Published on March 19, the report reveals that the foundation owns $635 million in assets — much more than the $232 million…
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Cred Partners With NBA Star Spencer Dinwiddie to Promote Crypto Lending

Brooklyn Nets point guard Spencer Dinwiddie and Cred have partnered to promote the crypto asset-based platform, in what is the NBA player’s latest crypto venture. Crypto-based lending and borrowing platform Cred is partnering with professional basketball player and entrepreneur Spencer Dinwiddie. A special page has been launched since March 20 for Dinwiddie’s fans to use…
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Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown

Banco Sella is now allowing their customers to buy, sell and store Bitcoin without interacting with exchanges. Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading service The trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential…
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Banking Shut Down Drives Crypto Adoption Among Venezuelans

The indefinite suspension of Venezuela’s national banking system is driving further adoption of cryptocurrencies. Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus. On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33…
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Opera Browser Enables Apple Pay and Debit Card Crypto Purchases in the US

Internet users in the U.S. get more crypto-native browser support, as Opera rolls out Bitcoin and Ether wallets and direct crypto purchases with debit cards and Apple Pay. Opera’s mobile and desktop browsers are expanding cryptocurrency purchases to U.S. users, as the Norwegian company looks to continue building its Web 3.0 credentials. Through a partnership…
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